Trader's Glossary

Parabolic Stop and Reversal (PSAR)

A technical indicator used in trending markets to identify entry and exit points, as well as to set effective trailing stop-loss parameters.
Did you know?

The average daily trading volume in the foreign exchange market exceeds $5 trillion.

Word of the day
"No Dealing Desk (NDD)" - A No-Dealing-Desk broker passes its clients’ trades straight through to liquidity providers without intervening between the two parties.
Pro Tip

Do not open a real account before doing some demo-trading.